Insigneo announced that it has added RIA Pinvest to its network of affiliated advisors and advisory firms. Based in Miami, Pinvest is affiliated with Grupo Financiero Pichincha, the leading private bank in Ecuador, and has a presence in six countries across the Americas and Europe.
“We are delighted to offer Pinvest our institutional-grade client service model, which includes access to model portfolios, alternative investments, trading capabilities, and separately managed accounts, among other investment solutions. Our in-house research and analysis services from the Chief Investment Office, led by Ahmed Riesgo, will also be part of the offering,” said José Salazar, Head of Market for Insigneo in Miami.
Grupo Financiero Pichincha serves 8.4 million clients and employs 16,300 people. Pinvest is led by Esteban Zorrilla, who, along with a highly experienced team, will focus on delivering personalized wealth management solutions to high-net-worth (HNW) and ultra-high-net-worth (UHNW) individuals and their families.
“Our partnership with Insigneo marks a key milestone in our mission to deliver world-class, globally diversified wealth management solutions to Latin American clients,” said Esteban Zorrilla, CEO of Pinvest. “We are building Pinvest on the foundation of independence, transparency, and personalized advice, and Insigneo’s robust platform enables us to deliver exactly that,” he added.
Michael Averett, Chief Revenue Officer at Insigneo, stated: “We focused on the success of our advisor-centric platform and essentially opened up certain aspects of it to our RIA clients. Demand for a platform like ours, which serves international clientele, has been strong, and RIAs servicing these clients are knocking on our door to enhance their offerings,” he added.
Insigneo has long served RIAs and has recently enhanced its platform to include new technology and products, as well as financial software capabilities that help RIAs better manage their clients’ needs, the company said in a statement.
